
Cheap Apartments for Rent in Olmsted Falls, OH from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Olmsted Falls.


Mill Stream Run
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

56 Beech St

56 Beech St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Olmsted Falls, OH Local Guide

How much does it cost to rent an apartment in Olmsted Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| Olmsted Falls Studio Apartments | $1,544 | $1,529 | $1,559 | 
| Olmsted Falls 1 Bedroom Apartments | $1,213 | $890 | $1,795 | 
| Olmsted Falls 2 Bedroom Apartments | $1,420 | $1,000 | $2,109 | 
| Olmsted Falls 3 Bedroom Apartments | $1,866 | $1,392 | $2,257 | 
| Olmsted Falls 4 Bedroom Apartments | $3,055 | $3,055 | $3,055 | 
Browse Top Apartments in Olmsted Falls
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Olmsted Falls, OH Local Guide
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Cheapest Available Olmsted Falls Apartments for Rent and Nearby
 The cheapest available apartment rental in Olmsted Falls, OH is a 1 Bed unit found at Mill Stream Run in the Downtown Berea neighborhood priced from $890. The Acadian Apartments in the Riverside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Olmsted Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| Mill Stream Run | One Bedroom | 1BR,1BA | $890 | 
| The Acadian Apartments | 1 Bed / 1 Bath FT | 1BR,1BA | $925 | 
| Fawn Lake Apartments | 2 Bed 1 Bath Southside | 2BR,1BA | $1,020 | 
Best Value Apartments for Rent in Olmsted Falls, OH and Nearby
As of October 31, 2025 the best value apartment in the Olmsted Falls area is the $1.55 price per square foot 3RE Model at Westbury Apartments in the in the Riverside neighborhood starting from $1,783. The second greatest value Olmsted Falls apartment is the The Avalon Model at Stone Ridge Apartments starting at $1,325 with a $1.18 price per square foot in the Riverside neighborhood. Here is today’s list of the best values for Olmsted Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. | 
|---|---|---|---|
| Westbury Apartments | 3RE | 3BR,1.5BA | $1.55 | 
| Stone Ridge Apartments | The Avalon | 1BR,1BA | $1.18 | 
| Oakwood Apartments | Two Bedroom Two Bath Split Ranch | 2BR,2BA | $1.38 | 
| Evergreen Farms | Willow | 2BR,2BA | $1.44 | 
| Fawn Lake Apartments | 2 Bed 1 Bath Southside | 2BR,1BA | $1.19 | 
| Northern View Villas | Large Two Bedroom Suite | 2BR,1BA | $1.38 | 
| Jamestown Village Apartments | One Bedroom One Bath Luxury | 1BR,1BA | $1.71 | 
| The Acadian Apartments | 1 Bed / 1 Bath FT | 1BR,1BA | $1.42 | 
| Tower In The Park | Suite G w/Balcony | 1BR,1BA | $1.71 | 
| Mill Stream Run | One Bedroom | 1BR,1BA | $1.56 | 
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleLocal Expert's Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland
Learn About the Best Neighborhoods to Rent Near College Campuses in Cleveland, OH | Find Cleveland Off-Campus Student Housing
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Olmsted Falls, OH
Olmsted Falls High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Olmsted Falls, OH
Getting Around Olmsted Falls, OH
Walk Score®
32 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Olmsted Falls Apartments
How much is rent for a Cheap One Bedroom Olmsted Falls Apartment?
The lowest price for a Cheap One Bedroom Olmsted Falls Apartment is $890 at Mill Stream Run.
What is the lowest price for a Cheap Two Bedroom Olmsted Falls Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Olmsted Falls is starting from $1,000 at Mill Stream Run.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Sandy Baker
Choosing the ideal place to call home in Cleveland may mean selecting a neighborhood that offers excellent access to the freeways or good overall schools for the kids.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.


